A Country Assessment for a Prosperous Retirement Life has been established.
Consulting firm Mercer and the CFA Institute have compiled the World Pensions Index, in which Iceland took first place and is on the list for the first time this year.
Iceland’s top position, according to Mercer, has been helped by a relatively generous government pension, as well as a first-class and reliable pension system that delivers significant savings.
The top three are the Netherlands and Denmark, which have consistently occupied the top two lines over the past 10 years. In general, the Scandinavian countries received more than 80 points from the scoring compilers.
They are followed by Israel, Norway and Australia with 75-80 points. Finland, Sweden, Great Britain, Singapore, Switzerland, Canada, Ireland, Germany, New Zealand and Chile each scored 65-75 points.
The lowest positions were occupied by Japan, Mexico, South Korea, Turkey, India, the Philippines and Argentina. To complete the note, being in 43rd place, Thailand.
Analysts looked at the World Pension Index, which has been calculated based on the level of interest rates, output and income equality in the country, as well as the size of the public debt. and climate change.
“Examining the strengths and weaknesses of pension systems to deliver better retirement benefits for all has never been more relevant,” said Margaret Franklin, President and CEO of the CFA Institute.
According to experts, the consequences of an aging population around the world represent a major challenge for pension systems in order to adequately meet the needs of retirees. The pandemic and slowing wage growth are also putting pressure on pension systems.
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